$BTC Bitcoin price drop: This often signals weakening buying pressure or increased selling activity.

Whale accumulation slowing: A 2.8% rise in Bitcoin held by whales over the past month is modest. Historically, when this rate slows down after increasing, it tends to signal reduced confidence or waning demand from whales.

Interpretation:

Bearish signal: When whales slow their accumulation, it's often a sign that smart money is becoming cautious.